The XRP price prediction has gained new bullish momentum, breaking past the $3.00 barrier at the start of “Uptober.” This move is supported by growing institutional backing, evidenced by an investment from VivoPower (VVPR), a Nasdaq-listed company, and CME Group’s announcement to expand its cryptocurrency operations, marking a key step toward full Wall Street adoption.
The institutional support materialized with the news that VivoPower raised $19 million with the primary goal of accumulating XRP. This action positions VivoPower as one of the first companies listed on Nasdaq to significantly invest capital in Ripple. Meanwhile, CME Group, the world’s largest derivatives exchange, confirmed that starting in 2026 it will offer 24/7 trading for Bitcoin and Ethereum futures and options, and additionally, it will launch XRP options on October 13th.
Wall Street Capital is Betting on Ripple
These two announcements are fundamental milestones for the validation of XRP in traditional markets. VivoPower’s investment not only injects capital but also sends a signal of confidence to the market about the asset’s potential. In parallel, the inclusion of XRP options on CME Group opens the doors for institutional investors seeking regulated instruments to manage their exposure to the asset, which could considerably increase liquidity and trading volume.
The relevance of these events is undeniable. They demonstrate that XRP is gaining ground as a preferred choice for institutions looking to enter the digital asset space. The combination of a more favorable regulatory environment and interest from top-tier players is creating a robust ecosystem for price growth. This strengthens XRP’s narrative as a bridge between traditional finance and blockchain technology.
Is a $5 Target Realistic Before Year’s End?
From a technical perspective, the XRP chart shows promising signs. The price has strongly bounced off the $2.70–$2.80 support level, initiating a potential breakout from a descending wedge. Immediate resistance is found at $3.17, with a more significant barrier near $3.37. Overcoming these levels could pave the way for an advance toward the $3.80 zone, with momentum that analysts suggest could extend to $5 before the year is over.
The short-term future looks promising if the current momentum holds. The RSI indicator is rising, although Bitcoin’s behavior remains a crucial factor for the altcoin market. A clear break above $3.15 would be the confirmation many investors are waiting for to validate the continuation of the uptrend. The XRP price prediction now depends on the asset consolidating these gains and capitalizing on the growing interest from Wall Street.
